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Benzinga
Benzinga
Business
Adam Eckert

First Solar Stock Charges Higher Following Q2 Earnings Beat

First Solar First Solar Inc.
First Solar,Inc.

First Solar Inc (NASDAQ:FSLR) shares are rising in Thursday’s after-hours session after the company reported better-than-expected financial results for the second quarter and raised its full-year guidance.

What Happened: First Solar reported second-quarter revenue of $1.10 billion, beating estimates of $1.02 billion, according to Benzinga Pro. Total revenue was up $300 million from the prior quarter, primarily due to an increase in the volume of modules sold to third parties.

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